The directive, which asks staff to detail cuts by June 13, comes amid a financial crisis triggered in part by the United States, which annually funds nearly a quarter of the world body. In addition to US foreign aid cuts under President Donald Trump that have gutted UN humanitarian agencies, the US owes – for […]
Kuwait, a member of the Organization of the Petroleum Exporting Countries (OPEC), has been grappling with a severe electricity shortage driven by rapid population growth, urban expansion, rising temperatures, and delays in maintenance at some power plants. Since last year, the government has resorted to planned power cuts in some areas to reduce the load. […]
The holidays on Eid’s occasion will start on Thursday, June 5, 2025, corresponding to 9 Zul-Hijjah 1446 AH, and will continue until Monday, June 9, 2025, corresponding to 13 Zul-Hijjah 1446 AH. Employees in government organisations, public organisations or entities, and private sector businesses will observe the break. The official work will resume on Tuesday, […]
Financial markets, which have whipsawed wildly in response to every twist and turn in Trump’s chaotic trade war, reacted with cautious optimism on Thursday, a day after the U.S. Court of International Trade ruled that Trump overstepped his authority in imposing punitive tariffs on virtually every country in the world. But analysts said broad uncertainty […]
In a letter addressed to the NEPRA chairman, Munim Zafar Khan condemned the move to pass K-Electric’s recovery losses onto consumers, calling the decision “unjust and unacceptable.” “It is outrageous to burden honest consumers with the losses caused by K-Electric’s inefficiencies,” he wrote. “We categorically reject this anti-Karachi decision.” Munim Zafar also accused NEPRA of […]
According to the spokesperson of the Ministry of Religious Affairs, a total of 81,950 government-sponsored pilgrims have arrived in Saudi Arabia through 319 Hajj flights so far. Hajj 2025 flight operations from Pakistan will continue until May 31, while the arrival of pilgrims residing in Madinah to Makkah will also proceed until the same date. […]
The foreign exchange rate of the Bahraini Dinar vis-à-vis PKR is influenced by a number of factors such as foreign exchange market supply and demand, economic stability, and monetary policies of Pakistan and Bahrain. The fixed exchange rate of the Bahraini Dinar relative to the U.S. dollar at 0.376 BHD per USD is supported by […]
“The cries from Gaza cannot continue to be met with silence– the world cannot afford another day of inaction,” Ambassador Asim Iftikhar Ahmad, permanent representative of Pakistan to the UN, told the 15-member Council on Wednesday. “History will not absolve us of our responsibility,” he said during a debate on the situation in the Middle […]
According to the documents, the Ministry of Economic Affairs has begun developing a comprehensive implementation framework to support the initiative, which aligns with the government’s priorities and the National Economic Transformation Plan, Uraan Pakistan. For the first time, the World Bank has adopted a 10-year framework instead of its usual five-year strategy, signaling a long-term […]
The issue of the suspension of Pakistan International Airlines (PIA) flights to the United Kingdom remains under consideration as the UK authorities have also inspected Pakistan’s efforts, recently. Director General Civil Aviation Authority Nadir Dar noted that Pakistani authorities are currently awaiting a formal response from British officials. “We are hopeful that positive news regarding […]
